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17200 Park Row 83,604 SF Industrial Building Houston, TX 77084 For Sale
Investment Highlights
- Fugro (USA) Holdings, LLC seeking at $15,500,000 sales price and willing to negotiate a 15-year net rental rate with escalations with the buyer
- Functional Expansion: Enhanced office, laboratory, and production spaces support operational growth and flexibility
- Code Compliance: The renovation brings the facility up to current building, fire, and environmental codes
- Modernized Infrastructure: New HVAC systems, roofing, and structural upgrades improve building performance and reliability
- Energy Efficiency: Installation of R-25 insulation, TPO/PVC roofing, high-efficiency rooftop units (RTUs), and LED lighting upgrades reduces energy
- Extended Property Lifespan: Major capital improvements significantly extend the useful life of the facility
Executive Summary
Fugro (USA) Holdings, LLC has initiated improvements at its newly acquired operational site in Houston, TX. The building, currently in shell condition, is being transformed into a modern, high-performance facility designed to support Fugro’s core operations. With design and pricing finalized, construction activities are underway to deliver a state-of-the-art environment that enhances functionality and efficiency.
Property Facts Under Contract
| Sale Type | Investment NNN | Year Built/Renovated | 1979/2025 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 4.55/1,000 SF |
| Building Class | B | Clear Ceiling Height | 25’ |
| Lot Size | 4.85 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 83,604 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 2 | ||
| Zoning | None | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.85 AC |
| Rentable Building Area | 83,604 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2025 |
| Tenancy | Single |
| Parking Ratio | 4.55/1,000 SF |
| Clear Ceiling Height | 25’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | None |
Amenities
- Fenced Lot
- Property Manager on Site
Utilities
- Water
- Sewer
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Professional, Scientific, and Technical Services
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99,999 SF
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Lorem Ipsum
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Jan 0000
Fugro began in 1962 as an engineering company and has grown into a Dutch multinational focused on geo-data services. The company provides geotechnical, survey, subsea, and geoscience services that help clients understand subsurface conditions for energy, infrastructure, and water projects on land and at sea. Fugro also develops ground models, site investigations, and technical data products used for foundation planning, offshore structures, and marine project support. The company maintains continued activity across offshore wind, oil and gas, infrastructure, and water markets, reflecting a broad global project portfolio.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,789,303 | |
| Land Assessment | $2,588,770 | Total Assessment | $9,378,073 |
Property Taxes
Parcel Numbers
Land Assessment
$2,588,770
Improvements Assessment
$6,789,303
Total Assessment
$9,378,073
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17200 Park Row